CASE MEMORIAL HOSPITAL The nurses at Memorial Hospital work a regular schedule of four 10-hour days per week. The average regulartime pay across all nursing grades is $12.00 per hour. Overtime may be scheduled when necessary. However‚ because of the intensity of the demands placed on nurses‚ only a limited amount of overtime is permitted per week. Nurses may be scheduled for as many as 12 hours per day for a maximum of five days per week. Overtime is compensated at a rate of $18.00 per hour.
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1. How successful is the Shouldice Hospital? Generate a P&L statement using available information from the case. Treat each of the two operations—hospital and the surgery—separately. Hospital: Revenues (4 days X $111/day x 6‚850 patients/year) 3‚041‚400 Cost 2‚800‚000 Profit: 241‚400 Clinic: Revenues ((($450 + 60 + 75) X 0.20) X 6‚850 patients/year)) 3‚596‚250 Cost 2‚000‚000 Profit 1‚596‚250 Total Profit 1‚837‚650 2. How
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The Case of the Unhealthy Hospital Anthony R. Kovner Harvard Business Review No. 91506 SEPTEMBER–OCTOBER 1991 HBR Anthony R. Kovner The Case of the Unhealthy Hospital Bruce Reid‚ Blake Memorial Hospital’s new CEO‚ rubbed his eyes and looked again at the 1992 budget worksheet. The more he played with the figures‚ the more pessimistic he became. Blake Memorial’s financial health was not good; it suffered from rising costs‚ static revenue‚ and declining quality of care. When the
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My Virtual Childhood Reflection (3 to 8months) CFS 176 September 26‚ 2013 Debbie has grown so much in the last few months. She has achieved some milestones that are predominantly seen amongst infants within this age brackets. Breast milk is still her main source of food up on till the time she clocked six months of age when solids were introduced. She sucks at everything that touches her lips; this is due to the sucking reflex that is inborn. My virtual child ate fairly well; she would once
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Shouldice Hospital Case Analysis Question 1. How successful is the Shouldice Hospital? Generate a P&L statement using available information from the case. Treat each of the two operations – hospital and the surgery – separately Compared to other medical institutions that provide a wide array of medical procedures‚ Shouldice Hospital specializes in one procedure for patients that suffer from abdominal hernias. This specialization allows each doctor at Shouldice Hospital to perform approximately
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Networking Concepts Assignment. NQF Specification Benefit of network Virtual Private Networking Service: VPN on NTUwireless: Network Installations: Operating system of network: Install file and print sharing: Negative aspects of the Internet: Network topology Dividing the transmitted bit stream into frames and determine which route the subnet to use. 2.4 OSI model and the 7 layer diagram. 1. Difference between OSI and TCP/IP Connection – oriented communication and connection
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OPERATIONS MANAGEMENT CASE 1 Shouldice Hospital Introduction Shouldice Hospital‚ set up in 1945 by Dr. Earl Shouldice‚ is located near Toronto. It follows the business model of focus on a single standardised service for a narrow target of consumers‚ rather than to provide customised solution (as in a general clinic or hospital). It focuses on providing quick‚ convenient‚ and reliable cure for external types of abdominal hernias. The Hospital uses its own technique‚ called the Shouldice
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Abstract This case study illustrates the crisis faced by the president of Lincoln Hospital‚ a for-profit hospital that had several hundred beds to fill. A number of issues are occurring at the hospital impacting the ability of the hospital to successfully perform the planned surgeries without incurring significant issues. These issues include high turnover‚ scheduling issues‚ service delays‚ and a divided staff. Worst of all‚ however‚ the doctors and nurses are at war. Specifically‚ Don‚ the new
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Stephen Fuller Austin: A Texas Hero (1793-1836) It was November 3rd‚ 1793 in Wythe County‚ Virginia when Stephen Fuller Austin‚ son of Moses Austin‚ known as "The Father of Texas" was born. Austin attended school in Connecticut as a child and graduated from Transylvania University in Kentucky. In 1813‚ Austin was elected to the Legislature of Missouri and was reelected to that same position for three years until he moved to Arkansas. He was chosen
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Two men‚ both seriously ill‚ occupied the same hospital room. One man was allowed to sit up in his bed for an hour each afternoon to help drain the fluid from his lungs. His bed was next to the room’s only window. The other man had to spend all his time flat on his back. The men talked for hours on end. They spoke of their wives and families‚ their homes‚ their jobs‚ their involvement in the military service‚ where they had been on vacation. And every afternoon when the man in the bed by the window
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